Lockheed Martin won more than $400 million in contracts April 29 to modernize and build two different rocket launchers, according to a Pentagon announcement.
Saturday, December 7, 2024
Saturday, December 7, 2024
Key Issues MQ-25 Stingray USSF pLEO spending cap JLTV funding
Lockheed Martin won more than $400 million in contracts April 29 to modernize and build two different rocket launchers, according to a Pentagon announcement.
The Army wants to spend more than half-a-billion dollars to procure, develop, test and improve the Precision Strike Missile in fiscal year 2023 through multiple lines of effort, as the service ramps up funding for one of its long-range fires priorities.
Spending on the Army's armored recovery vehicle would more than double under the service's fiscal year 2023 budget request, compared with FY-22 levels, but funding would drop for the other tank-based vehicles that support armored brigades.
The Army has pushed back the due date for companies to bid on the Joint Light Tactical Vehicle follow-on contract to July 15, from a previous deadline earlier this month, according to a service spokeswoman.
Cuts to the military’s tactical wheeled vehicle budgets, especially in the Army’s medium and heavy wheeled vehicles, led to a decline in Oshkosh Defense’s revenue for the quarter that ended March 31, the company’s chief executive said today.
General Dynamics could see higher combat vehicle revenue as European and American leaders react to threats in Eastern Europe, but that will take time to materialize, the company’s chief executive said today.
SYRACUSE, NY -- Lockheed Martin expects the Army to buy between four and 14 additional AN/TPQ-53 counterfire radars through a multibillion-dollar contract that was announced last month, company officials said April 25.
Raytheon Technologies does not expect to produce new Stinger air-defense missiles in large quantities to replenish Defense Department stockpiles until at least next year, CEO Greg Hayes said Tuesday.
The Army wants to spend $698 million over the next five years to expand its fleet of the smallest Robotic Combat Vehicle variant and continue developing autonomy software for the unmanned ground platforms, according to the service's fiscal year 2023 budget request.
The Joint Light Tactical Vehicle could become more expensive under a follow-on production contract that the Army plans to award through an open competition, according to the service's fiscal year 2023 budget request.
The Army's ability to produce its first new caliber of small arms ammunition in more than half a century will determine how it fields the Next Generation Squad Weapon, the director of the Soldier Lethality Cross-Functional Team said April 20.
The Army would end a two-year break on buying its new armored personnel carrier under the fiscal year 2023 budget request, but its future spending plans for the system now include fewer annual purchases than before.
The Army will add a short-range air defense battalion and more capabilities to four engineering companies under its fiscal year 2023 budget request, according to newly released budget documents.
Army Chief of Staff Gen. James McConville tested positive April 17 for COVID-19, according to an announcement today from the Army.
Cuts to the Abrams tank and a new short-range air defense platform in the fiscal year 2023 budget request would be reversed, and the programs would see budget increases, if congressional appropriators include everything the service said it needs in its unfunded priorities list.
The Army has included $60 million to develop a Stinger missile replacement in its fiscal year 2023 unfunded priorities list, which the service says it needs just to stay on schedule with its plan to replace the Cold War-era system.
Armored brigades will be administratively realigned to turn the 34th Infantry Division into the National Guard's armored penetration division, but those brigades will not move from their current bases, according to Brig. Gen. Charles Kemper, the division's commander.
Oshkosh Defense has signed an agreement with the Armaments Center to further develop the turret it produces for the Stryker infantry fighting vehicle, which would adapt the turret for the company's Optionally Manned Fighting Vehicle design, according to an announcement today.
NASHVILLE, TN -- Increased government ownership of the technical data and software for the newest UH-60 Black Hawk variant has allowed the Army to change the way it upgrades helicopters, in what could be a preview of future systems.
NASHVILLE, TN -- A new framework for thinking about future autonomous systems was apparent this week at the Army Aviation Association of America's annual conference: major platforms should be "minimally" or "optimally" manned, not necessarily unmanned.